ModusLink Corporation

SEPTEMBER 7, 2023

Introduction: In the rapidly evolving tech industry, maintaining optimal inventory management practices is crucial for sustained growth and competitiveness. This blog delves into industry-leading inventory management best practices. They represent distinct facets of the broader logistics and operations landscape.

Inventory Management Software 78

Inventory Management Software Inventory Reduction Optimal Sourcing Inventory Management 78

SCMDOJO

APRIL 9, 2024

The term “logistics” may be relatively new, but its general principles date back to ancient civilizations. The early Mesopotamians, Egyptians, Greeks, and Romans pioneered the principles of logistics and designed trade routes to facilitate their connections with other nations.

Supply Chain Design Software 76

Supply Chain Design Software Logistics Network Optimization Software Optimal Sourcing Supply Chain Design 76

GlobalTranz

FEBRUARY 17, 2016

This is the second part of my series on various ways to reduce overall costs as it relates to logistics and warehouse cost reductions. In the first part I put forth 6 areas of focus in order to reduce logistics costs. Today, I will now address how a focus on inventory will allow for warehouse cost reductions as well.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Waste Reduction Vendor Strategies 120

Invata Intralogistics

FEBRUARY 27, 2024

Warehouse operations have historically been labor-intensive, but the landscape is rapidly changing. The evolution of warehouse robotics, from Automated Guided Vehicles (AGVs) to Autonomous Mobile Robots (AMRs), is reshaping the efficiency, safety, and scalability of warehouses and distribution centers globally.

Optimal Sourcing 52

Optimal Sourcing Warehousing Supply Chain Software Supply Chain Design Software 52

SCMDOJO

DECEMBER 29, 2022

Warehouse automation is an increasingly popular way to maximize efficiency and accuracy in warehouse operations. It can streamline processes, reduce errors and costs, help manage inventory, and improve safety conditions for workers. You can identify these issues in detail by conducting a warehouse audit.

Supply Chain Software 72

Supply Chain Software Warehousing Optimal Sourcing Optimization Software 72

Intelligent Audit

JULY 27, 2021

Supply and demand are two sides of the same coin, the vital coin of inventory management supply chain analytics. Without adequate inventory and supply to go along with capacity and demand, supply chain management will struggle to keep pace during peak seasons.

Inventory Reduction 52

Inventory Reduction Vendor Strategies Cost Reduction Strategies Sourcing Strategies 52

Supply Chain Opz

JANUARY 3, 2022

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. In the United States, the median wage for a Logistics Manager is around $70,000 annually. Best Logistics Book for Beginners: 1.

Logistics Network Optimization Software 130

Logistics Network Optimization Software Optimal Sourcing Six Sigma Supply Chain Planning Software 130

Logistics Viewpoints

OCTOBER 12, 2023

The following will delve into some of the intricate farm-to-table challenges that supply chains face across sourcing, demand planning, procurement and inventory management, transportation, and warehousing. Sourcing is not only from traditional farms but also from controlled environment agriculture (e.g.,

Supply Chain Design Software 228

Supply Chain Design Software Supply Chain Design Supply Chain Planning Software Supply Chain Planning 228

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management?

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

20Cube Logistics

APRIL 22, 2022

3PL services can help you save logistic cost and reduce the supply chain complexity. With the increase in the number of options available for a product in the market, the amount of inventory is increasing day by day. The transportation and logistics is becoming more and more expensive. Public warehousing –shared spaces.

Cost Reduction Strategies 75

Cost Reduction Strategies Expense Reduction Inventory Reduction Vendor Strategies 75

Logistics Viewpoints

MARCH 27, 2024

MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. Fetch Robotics This solution consists of a fleet of robots that can navigate autonomously in a warehouse, using sensors, cameras, and lasers to avoid obstacles and collisions.

Analytics Software 214

Analytics Software Predictive Analytics Software Optimization Software Supply Chain Network Software 214

Locus Robotics

FEBRUARY 13, 2023

By Rob Press, Content Marketing Manager, Deputy In the supply chain, warehouses play a crucial role in receiving products from the source, storing them safely, and delivering them quickly and efficiently. The warehousing industry accounts for 8% of 2.8 million nonfatal work-related injuries a year !

Warehousing 105

Warehousing Optimal Sourcing Demand Planning Software Optimization Software 105

EazyStock

JANUARY 27, 2021

2021 Supply Chain and Inventory Management Trends for the US. Here we are, one year later, trying to determine the 2021 supply chain and inventory management trends to adopt. International trade and logistics were stalled with the volume of global trade in goods down by 17.7% Automation.

Inventory Management Software 96

Inventory Management Software Supply Chain Software Supply Chain Planning Software Inventory Reduction 96

6 River Systems

NOVEMBER 8, 2022

Warehousing can be a challenge for manufacturers and retailers of all sizes. Finding the right space, running an effective order fulfillment system and sourcing great talent are just some of the many challenges facing operations managers. That’s where third-party logistics providers come in.

Warehousing 52

Warehousing 3PL Manufacturing Procurement Optimal Sourcing 52

Locus

APRIL 3, 2023

All successful modern-day businesses rely on an efficient system of logistics management. This refers to planning, coordinating, and executing the flow and storage of goods and services, including activities such as transportation, inventory management, order processing, warehousing, packaging, and security.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Optimization Optimization Software Supply Chain Planning Software 52

3PL Insights

FEBRUARY 14, 2023

Retail logistics is responsible for delivering products to customers both in physical stores and online. This process starts from the moment a product is sourced from the supplier to the customer. Inventory Management Inventory management is the procurement, storage, and selling of a company’s inventory.

Logistics Network Optimization Software 92

Logistics Network Optimization Software Inventory Management Software Supply Chain Software Retail 92

SCMDOJO

MARCH 19, 2024

This data can be used to identify areas for improvement and make informed decisions about sourcing, production, and distribution. These functions include procurement, production planning, inventory management, logistics, and customer service. Logistics Logistics involves managing the transportation and delivery of goods.

Optimal Sourcing 74

Optimal Sourcing Supply Chain Planning Software Negotiating Skills Material Savings 74

Supply Chain Opz

MAY 1, 2018

Are you a beginner and you want to learn about each logistics function? We will show you 5 logistics books that will help you learn faster than any other books. Why is Logistics a Good Career? In the United States, the median wages for a Logistics Manager is around $90,000 annually.

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Logistics Material Savings 100

GlobalTranz

JUNE 8, 2017

In the below article I propose to have a look at the main benefits and advantages of the cloud-based logistics management. More findings on the cloud cargo transportation and warehouse management systems you may discover on the web. A Better Scope Management. The cloud-based logistics is a “pay-per-use” model.

Logistics Network Optimization Software 200

Logistics Network Optimization Software Resource Reduction Cost Reduction Strategies Modeling Software 200

Veridian Solutions

MAY 28, 2019

Inventory management mistakes constitute a significant cost contributor in today’s supply chains. According to Rod Daugherty of Manufacturing.net , the costliest problem is due in large part to poor inventory visibility and planning. What Are the Most Common Inventory Management Mistakes?

Inventory Management Software 66

Inventory Management Software Inventory Reduction Inventory Management Optimal Sourcing 66

The Logistics & Supply Chain Management Society

AUGUST 14, 2023

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. Figure 2: A technology adoption roadmap for transportation and logistics companies considering generative AI.

Optimal Sourcing 244

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Modeling 244

EazyStock

DECEMBER 13, 2020

Having a transparent and detailed account of what inventory you are currently holding will help you optimize your inventory levels while allowing you to be responsive to market demand. Next comes crafting an inventory management plan to mitigate your greatest risks. What were your biggest challenges in 2020?

Inventory Reduction 98

Inventory Reduction Sourcing Strategies Inventory Management Software Resource Reduction 98

Supply Chain Opz

APRIL 1, 2018

Are you looking for logistics management books? In this article, we will show you 5 books that'll help you learn logistics faster than any other logistics book. Do You Need a Logistics Book? In the United States, the median wage for a Logistics Manager is around $70,000 annually. Who is it for?:

Logistics Network Optimization Software 100

Logistics Network Optimization Software Optimal Sourcing Material Savings Inventory Reduction 100

GlobalTranz

FEBRUARY 16, 2016

This is the first of a two-part series where I will curate and cull information from my 4 decades of experience in logistics cost reduction at various positions in the supply chain. According to the CSCMP's "State of Logistics" Report from 2015, logistics costs now make up over 8% of the GDP. Listen to your people.

Cost Reduction Strategies 120

Cost Reduction Strategies Inventory Reduction Vendor Strategies Material Savings 120

BlueYonder

APRIL 23, 2024

It’s easy to think about fulfillment as comprising the final steps in the supply chain, but the truth is that the conditions faced in warehouses and delivery vehicles are determined much earlier in the supply chain than in the last mile, so to speak. The answer lies in automation.

Sourcing Strategies 52

Sourcing Strategies Supply Chain Software Supply Chain Planning Software Agile and Lean Supply Chain 52

The Logistics of Logistics

SEPTEMBER 12, 2020

Jason Miller (PhD The Ohio State University) is a tenured Associate Professor of Logistics and the John D. His primary research stream examines firms’ logistics operations, with an emphasis on studying motor carrier safety, productivity, pricing dynamics, and driver turnover. Project management. Carrier management.

Supply Chain Design Software 130

Supply Chain Design Software Negotiate Pricing Negotiating Skills Supply Chain Design 130

Clear Spider

MARCH 21, 2024

One of the key drivers of supply chain resilience is the use of artificial intelligence and machine learning algorithms in inventory management. How AI Creates More Resilient Supply Chains Complete Visibility Without strong visibility, businesses can’t maintain optimal inventory levels across their supply chains.

Inventory Reduction 52

Inventory Reduction Inventory Management Software Supply Chain Planning Software Predictive Analytics Software 52

Supply Chain Matters

OCTOBER 12, 2022

In this Supply Chain Matters posting we highlight published September 2022 indices of global supply chain volatility ( GSPI ) and US Logistics Index ( LMI ) activity trends along with our view of the implications. Logistics Managers Index. This is a significant milestone for ongoing planning and execution strategies.

Inventory Reduction 59

Inventory Reduction Cost Reduction Strategies Warehousing Price Reduction 59

The Logistics of Logistics

JUNE 17, 2022

In his last role at Bluelinx, Jeff was the General Manager of Metal Products Business Unit which generated $250M in revenue sourcing products from 17 different countries serving 18,000 SKUs to national, regional and local building products retailers. Learn More About Inventory is Everything. The Logistics of Logistics Podcast.

Inventory Reduction 173

Inventory Reduction Optimal Sourcing Inventory Logistics Network Optimization Software 173

Logistics Viewpoints

SEPTEMBER 28, 2021

There is now a robust and growing market for real time transportation visibility solutions, which help shippers, carriers and the entire ecosystem run more cost-effective and efficient logistics operations. And what is sitting in the warehouse. But we have to go further. We should know how much product is sitting in the port of origin.

Rail Software 188

Rail Software Real-time Visibility Supply Chain Planning Software Supply Chain Design Software 188

ModusLink Corporation

APRIL 27, 2023

Environmental, social, and governance (ESG) and its growing importance in supply chain management is a top priority for global fulfillment managers. ESG supply chain management is critical to maximizing the benefits of omnichannel ecommerce and warehousing and distribution services. Consider the impact in the value chain.

Inventory Reduction 78

Inventory Reduction Waste Reduction Innovation Optimal Sourcing 78

Supply Chain Matters

JULY 7, 2023

Logistics Managers Index (LMI) that again dropped to an all-time low for June 2023. According to the June report summary , the primary driver of the latest decline was the inventory metric, which reportedly contracted 6.5 Consequently, the warehousing capacity metric increased a reported 6.8 percentage points in June.

Negotiating Skills 52

Negotiating Skills Logistics Network Optimization Software Inventory Reduction Negotiate Pricing 52

GlobalTranz

JULY 12, 2016

A Director of Operations, Warehouse Director or Manager, or even the Director of Supply Chain or Logistics, are always in the pursuit of continuous improvement as well as warehouse cost savings in both time and money. 5 Key Areas to Focus on in the Pursuit of Warehouse Cost Savings.

Material Savings 120

Material Savings Cost Reduction Strategies Waste Reduction Optimal Sourcing 120

Logistics Bureau

JULY 10, 2023

As your enterprise grows or market conditions change, it may become evident that your organisation can benefit from partnering with a third-party logistics (3PL) provider. If you’re a leader in a startup, you know that logistics services are likely to be a key requirement.

3PL 44

3PL Logistics Network Optimization Software Negotiating Skills Inventory Reduction 44

Supply Chain Matters

AUGUST 7, 2023

Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost.

Logistics Network Optimization Software 52

Logistics Network Optimization Software Transportation Logistics Warehousing 52

SYSPRO Smarter ERP

APRIL 24, 2023

This process involves multiple stages, including receiving the order, getting parts and materials, manufacturing or assembling the items, picking and packing in the warehouse, shipping, and tracking the shipment to ensure successful delivery. Sourcing and receiving — most companies use suppliers to provide parts or materials or a product.

Optimal Sourcing 105

Optimal Sourcing Sourcing Strategies Supply Chain Planning Software Modeling 105

Supply Chain Game Changer

AUGUST 21, 2022

A solid supply chain and logistics strategy is essential for large companies. Using a logistics-oriented strategy helps companies better understand their suppliers, improve customer service, and optimize shipping. Logistics plays a critical role in a company’s supply chain. Another important aspect of logistics is time.

Inventory Reduction 104

Inventory Reduction Price Reduction Cost Reduction Strategies Material Savings 104